How to Become a Futures Commission Merchant in Manitoba
Do you need a licence?
Licence required
You must be registered with The Manitoba Securities Commission to work as a futures commission merchant in Manitoba or to use a protected title.
- Protected titles
- Futures Commission Merchant
Show the source
“The Manitoba Securities Commission … Futures Commission Merchant Title + Practice”
From immigratemanitoba.com/life/regulated-occupations/additional-occupat..., checked October 11, 2026.
At a glance
- Licence status
- Licence required See the source
- Routes
-
- Trained in Canada: no separate route
- Licensed in another province: no separate route
- Trained outside Canada: no separate route
- Annual fees
-
- Annual NRD system fee: $138 (for each registrant or permitted individual in the principal jurisdiction)
Source
“Annual NRD system fee: - $138 for each registrant or permitted individual in the principal jurisdiction”
mbsecurities.ca/law-policy/fees.html
- Annual NRD system fee: $138 (for each registrant or permitted individual in the principal jurisdiction)
Your roadmap
Tick each step as you finish it. Your ticks are kept in this browser only.
Trained in Canada
- Annual fees: $138 (for each registrant or permitted individual in the principal jurisdiction)
No separate route for this group. Source
“select the applicable registration categories”
mbsecurities.ca/registration/getting-registered.html
Licensed in another province
- Annual fees: $138 (for each registrant or permitted individual in the principal jurisdiction)
No separate route for this group. Source
“determine if they are required to register in more than one province or territory”
mbsecurities.ca/registration/getting-registered.html
Trained outside Canada
- Annual fees: $138 (for each registrant or permitted individual in the principal jurisdiction)
No separate route for this group.
Other listed fees
The regulator lists these without tying them to one step, so they are not in the route totals above. Check which apply to you.
- Firm Registration: $1,000
Source
“Firm Registration | $750 Per Registration Category | $1,000”
mbsecurities.ca/law-policy/fees.html - Individual Registration: $300
- NRD submission fee: $86 (for each Form 33-109F4 submitted for each individual applying for registration or review as a permitted individual in the principal jurisdiction)
Source
“NRD submission fee: - $86 for each Form 33-109F4 submitted for each individual applying for registration or review as a permitted individual in the principal jurisdiction.”
mbsecurities.ca/law-policy/fees.html
Requirements
Education
Applicants must meet certain educational standards.
Source
“Applicants must meet certain educational standards and capital requirements, and follow detailed conduct, solvency and reporting duties.”
mbsecurities.ca/registration/who-needs-to-register/index.html
Other
Applicants must meet capital requirements.
Source
“Applicants must meet certain educational standards and capital requirements, and follow detailed conduct, solvency and reporting duties.”
mbsecurities.ca/registration/who-needs-to-register/index.html
Already licensed in another province?
Not stated
The pages do not state how someone already licensed in another Canadian province or territory registers in Manitoba. Source
“determine if they are required to register in more than one province or territory”
mbsecurities.ca/registration/getting-registered.html
Processing time: Not stated by the regulator Check with The Manitoba Securities Commission
Credential assessment
Not stated by the regulator Check with The Manitoba Securities Commission
Exams
Not stated by the regulator Check with The Manitoba Securities Commission
Language tests
Not stated by the regulator Check with The Manitoba Securities Commission
Canadian experience
Not stated by the regulator Check with The Manitoba Securities Commission
Supervised practice
Not stated by the regulator Check with The Manitoba Securities Commission
Demand and pay
No Job Bank wage or outlook data for this occupation yet.
Futures commission merchants in other provinces and territories
- British Columbia Not confirmed yet
- Alberta Not confirmed yet
- Saskatchewan Not confirmed yet
- Ontario Not confirmed yet
- Quebec Not confirmed yet
- New Brunswick Not confirmed yet
- Nova Scotia Not confirmed yet
- Prince Edward Island Not confirmed yet
- Newfoundland and Labrador Not confirmed yet
- Yukon Not confirmed yet
- Northwest Territories Not confirmed yet
- Nunavut Not confirmed yet
Sources checked
- Additional Regulated Occupations in Manitoba | Manitoba Immigration immigratemanitoba.com/life/regulated-occupations/additional-occupat... · fetched October 10, 2026
- Province of Manitoba | msc - Getting Registered mbsecurities.ca/registration/getting-registered.html · fetched October 10, 2026
- Province of Manitoba | msc - mbsecurities.ca/registration/who-needs-to-register/index.html · fetched October 10, 2026
- Province of Manitoba | msc - Fees mbsecurities.ca/law-policy/fees.html · fetched October 10, 2026
Frequently asked questions
1
Do you need a licence to work as a futures commission merchant in Manitoba?
Yes. Registration with The Manitoba Securities Commission is required to practise in Manitoba, and to use the title Futures Commission Merchant.
Getting Licensed? Get Your Resume Ready Too
Nainly pairs expert resume assessment with a done-for-you career marketing campaign, so your profile keeps reaching decision-makers while you work through the licensing steps.
Schedule a CallFree consultation. No commitment.